I want to start with 200 - 250kOriginally Posted by ;
Actually, trading 250 lots (2500 USD per pip) simultaneously on USDJPY can cause two pip slippage throughout London session.Originally Posted by ;
You can check order book here:
https://fxmtf.com/resources/volume-w...average-price/
250 lots × 100,000 = 25m quantityOriginally Posted by ;
Leverage 1:100
Minimum equity to deliver a 250 lots buy/sell order to market $250,000 (You use all of your equity to cover the margin)
For slippage, sums that you see on order book are in millions. (scale ratio: 1million)
Your 25(m) order is just a rain drop in the sea.
You need at least 200m or more to move the market just 0.1 pips (200 million quantity = 2,000 lot)
In order to transfer the market 2.0 pips, you have to send an order that has a 4billion quantity size at once.
4 billion quantity = 40,000 lot (1 lot =100,000 unit)
Minimum equity Necessary for that quantity = 40,000,000 (1:100 leverage)
Regrettably you're entirely wrong. Forex market isn't as big as you think. You don't have access to entire market, but only to LMAX liquidity. Look at explanation in the picture.Originally Posted by ;
One more thing, if you execute at once 4 billion order in LMAX you will clear whole order publiionOriginally Posted by ;
Lmax, Baxter FX, CFH Clearing, Gain GTX Direct, Fixi, Axi Trader Pro, JFD Brokers, Pricemarkets.
To understand there precise depth of the order book it is probably best to simply ask them straight.